Revised Taxonomy and Business Rules for XBRL Reporting

Posted: 19/09/2011 in Company, MCA, Taxonomy, XBRL

Representations from stakeholders on accounting and technical aspects of the Taxonomy to be used for XBRL filings of financial statements by the Commercial and Industrial (C&I) entities were received by the Ministry of Corporate Affairs. These suggestions/comments were referred to ICAI for modification and improvements in the Taxonomy.

On account of addition of few new elements, changes in Presentation Linkbase, deletion of Clause 41 related elements, etc., the taxonomy has been suitably revised and is made available. Further the detailed list of changes to the taxonomy and updated business rules based on the revised taxonomy have also been made available.

Accordingly, the MCA Validation Tool is also being aligned to the revised taxonomy. The validation tool would be ready for filing XBRL documents by the companies very soon.

Inconvenience caused to stakeholders is regretted.

Click to read the Message from Hon’ble Minister of Corporate Affairs, Dr. M. Veerappa Moily- (PDF Format).

Click to read the Message from Hon’ble Minister of State for Corporate Affairs, Shri R.P.N. Singh- (PDF Format).

Click to read the Message from Secretary, Ministry of Corporate Affairs, Sh. Naved Masood- (PDF Format).

Click to Download Revised Taxonomy- (ZIP FORMAT).

Click to download- Details of changes in Taxonomy- (PDF Format).

Click to Download updated business rules based on Revised Taxonomy- (ZIP FORMAT).

XBRL Website

Source: Ministry of Corporate Affairs

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